How to spot the $1 coin that's actually worth $1000

Hunt is on for rare dollar coin that could get you thousands!
- bythat's life!

Mar
2017

Time to start paying attention to your $1 coins!

A mix up at a mint in 2000 created a rare $1/10c hybrid - also called a mule coin - which is valued by rare coin collectors at thousands of times its face value.

The coin was made when a technician at the Royal Australian Mint accidentally paired the kangaroo-patterned ‘tails’ side of the coin with the ‘head’ of a 10c piece, explains the Australian Coin Collecting Blog.

This created a coin that is slightly thicker than a regular $1, gold, with a double rim around the Queen.

Learn to spot the rare 'mule' coin and cash in!

Australian Coin Collecting Blog

Those keen on collecting the coin in the early 2000s withdrew tons of $1 coins from banks, and went hunting in casinos for change.

The majority of the coins wound up in Perth, and while the mule frenzy peaked around 2003/2004, the rare coin is still in circulation.